| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $104M | $84M | $221M | 24.2% | -52.8% |
| Op. Income | $53M | $28M | $154M | 90.6% | -65.6% |
| Gross Margin | 63.1% | 46.8% | 77.6% | 16.4pp | -14.5pp |
| Net Margin | 4.5% | 14.2% | -7.6% | -9.7pp | 12.1pp |
| EPS (Diluted) | $-0.07 | $0.01 | $-0.28 | -543.0% | 76.4% |
| Free Cash Flow | $509M | -$402M | -$105M | 226.6% | 585.5% |
| Item | Amount |
|---|---|
| REVENUE | $104M |
| Cost of Revenue | $38M |
| GROSS PROFIT | $66M |
| R&D Expenses | $2M |
| Selling & Marketing | $2M |
| General & Administrative | $9M |
| SG&A Expenses | $11M |
| Other Expenses | $0 |
| Operating Expenses | $13M |
| Cost & Expenses | $51M |
| OPERATING INCOME | $53M |
| Interest Income | $106M |
| Interest Expense | $155M |
| Other Income/Expenses | -$59M |
| INCOME BEFORE TAX | -$5M |
| Income Tax Expense | $10M |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$6M |
| D&A | $0 |
| EBIT | $206M |
| EBITDA | $206M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $6M |
| Stock-Based Compensation | $1M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $515M |
| Change in Working Capital | -$18M |
| OPERATING CASH FLOW | $509M |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | -$503M |
| Sales/Maturities of Investments | $89M |
| Other Investing Activities | -$111M |
| NET CASH FROM INVESTING | -$525M |
| Net Debt Issuance | -$50M |
| Common Stock Repurchased | -$14M |
| Common Dividends Paid | -$42M |
| Other Financing Activities | $186M |
| NET CASH FROM FINANCING | $69M |
| FREE CASH FLOW | $509M |
| Net Change in Cash | $53M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $112M |
| Short-Term Investments | $252M |
| Net Receivables | $67M |
| Inventory | $0 |
| Other Current Assets | -$431M |
| TOTAL CURRENT ASSETS | $0 |
| PP&E (Net) | $0 |
| Goodwill | $0 |
| Intangible Assets | $4.0B |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | -$4.0B |
| TOTAL NON-CURRENT ASSETS | $0 |
| TOTAL ASSETS | $13.9B |
| Account Payables | $156M |
| Short-Term Debt | $9.4B |
| Deferred Revenue | $0 |
| Other Current Liabilities | $192M |
| TOTAL CURRENT LIABILITIES | $9.8B |
| Long-Term Debt | $4.8B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $39M |
| TOTAL NON-CURRENT LIABILITIES | $4.8B |
| TOTAL LIABILITIES | $12.0B |
| Common Stock | $889.0K |
| Additional Paid-In Capital | $1.9B |
| Retained Earnings | -$527M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $13.9B |
| Total Debt | $11.4B |
| Net Debt | $11.3B |
